Caris Life Sciences (CAI) Operating Expenses (2024 - 2026)

Caris Life Sciences' (CAI) quarterly Operating Expenses came in at $210.9 million in Q1 2026, up 17.9% year-on-year from $178.9 million in Q1 2025, and up 3.14% quarter-over-quarter from $204.5 million in Q4 2025.

Caris Life Sciences (CAI) Operating Expenses (2024 - 2026) Analysis & Trends

Caris Life Sciences' Operating Expenses history runs 3 years deep, the most recent figure standing at $210.9 million for Q1 2026.

  • On a quarterly basis, Operating Expenses rose 17.9% year-over-year to $210.9 million in Q1 2026; TTM through Mar 2026 was $798.9 million, a 18.3% increase from a year earlier, with the FY2025 full-year figure at $766.9 million, up 14.57% from the prior year.
  • Operating Expenses rose to $210.9 million in Q1 2026 per CAI's latest filing, from $204.5 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $210.9 million in Q1 2026 and bottomed at $162.5 million in Q3 2024.
  • The 3-year median for Operating Expenses is $181.5 million (2025), against an average of $184.3 million.
  • Biggest YoY gain for Operating Expenses was 22.47% in 2025; the steepest drop was 13.37% in 2025.
  • Year by year, Operating Expenses stood at $167.0 million in 2024, then grew by 22.47% to $204.5 million in 2025, then increased by 3.14% to $210.9 million in 2026.
  • Per Business Quant, the three latest CAI Operating Expenses figures stand at $210.9 million (Q1 2026), $204.5 million (Q4 2025), and $184.2 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -28.01 Mn
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 1.10 Bn
4 NuCana 279.75 Bn 279.75 Bn - -3.78 Mn
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 1.85 Bn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 2.96 Bn
7 Belite Bio 62.51 Bn 62.51 Bn - 32.68 Mn
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn 2.89 Bn
9 Revolution Medicines 37.78 Bn 37.78 Bn - 445.22 Mn
10 Caris Life Sciences 4.42 Bn 3.60 Bn 214.23 Mn 210.89 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 210.89 Mn
Dec 31, 2025 204.48 Mn
Sep 30, 2025 184.19 Mn
Jun 30, 2025 199.39 Mn
Mar 31, 2025 178.87 Mn
Dec 31, 2024 166.96 Mn
Sep 30, 2024 162.46 Mn
Jun 30, 2024 167.06 Mn